Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Venezuela - 2022

Contents:

  1. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Venezuela (CIF) - 2022
  2. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Venezuela (FOB) - 2022
  3. Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Venezuela
  4. Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Venezuela

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Venezuela (CIF) - 2022

The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $6,781 per ton in 2022, standing approx. at the previous year. Overall, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2016 an increase of 26%. The import price peaked at $12,267 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($129,483 per ton), while the price for Vietnam ($5,709 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+20.7%), while the prices for the other major suppliers experienced a decline.

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Venezuela (FOB) - 2022

The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $2,890 per ton in 2022, reducing by -27.7% against the previous year. Overall, the export price faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 171%. The export price peaked at $9,192 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($3,985 per ton), while the average price for exports to Bahrain ($2,133 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-5.9%), while the prices for the other major destinations experienced a decline.

Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Venezuela

In 2022, imports of nuts, edible; cashew nuts, shelled, fresh or drieds into Venezuela dropped dramatically to 246 tons, reducing by -32.3% on 2021. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 183%. As a result, imports attained the peak of 363 tons, and then dropped rapidly in the following year.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds shrank significantly to $1.7M in 2022. In general, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 186% against the previous year. As a result, imports attained the peak of $2.5M, and then declined significantly in the following year.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam8785261,9711,20511.1%
Brazil16415723122411.0%
Others1821802712399.5%
Total1,2248632,4731,66810.9%

Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Venezuela in 2022:

  1. Vietnam (211.1 tons)
  2. Brazil (33.0 tons)

Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Venezuela

In 2022, shipments abroad of nuts, edible; cashew nuts, shelled, fresh or drieds increased by 312% to 2.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds skyrocketed to $6.7K in 2022. Overall, exports, however, recorded a precipitous decrease.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/AN/AN/A6.30%
Lebanon12.69.61.90.3-71.2%
Germany0.30.20.10.1-30.7%
Bahrain1.21.30.3N/A-50.0%
OthersN/AN/AN/AN/A0%
Total14.111.12.26.7-22.0%

Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Venezuela in 2022:

  1. Hungary (2189.0 kg)
  2. Lebanon (65.0 kg)
  3. Germany (24.0 kg)
  4. Bahrain (15.0 kg)

Source: IndexBox Market Intelligence Platform

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